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Sweden's Landshypotek Bank issues 5.25B kronor in green bonds

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Sweden's Landshypotek Bank issues 5.25B kronor in green bonds

Landshypotek Bank AB issued 5.25 billion Swedish kronor in green covered bonds with a five-year tenor.

Proceeds will be used to finance projects in sustainable forestry, the bank said June 29.

As of June 29, US$1 was equivalent to 8.96 Swedish kronor.